XPLR Infrastructure, LP entered into purchase and sale agreement with NEP US SellCo, LLC, NEP US SellCo II, LLC, and ESI Energy, LLC valued at approximately $805 million (effective 2022-11-17).
“On November 17, 2022, NextEra Energy Partners Acquisitions, LLC (NEP Acquisitions), an indirect subsidiary of NextEra Energy Partners, LP (NEP), entered into a purchase and sale agreement with NEP US SellCo, LLC, NEP US SellCo II, LLC (the seller) and ESI Energy, LLC, all of which are subsidiaries of NEER. Pursuant to the terms of the purchase and sale agreement, NEP Acquisitions agreed to acquire from the seller 100% of the Class A membership interests in Emerald Breeze Holdings, LLC (Emerald Breeze), which represents a 49% controlling ownership interest in Emerald Breeze, and 100% of the membership interests in two holding companies (Sac County Wind Holdings, LLC (Sac Holdings) and Elk City Scholes Holdings, LLC (ES Holdings)) that together own three operating wind projects for a total purchase price of approximately $805 million”
Earnings Releases
XPLR Infrastructure, LP reported third-quarter 2022 results: net income $79 million. Guidance initiated.
“NextEra Energy Partners, LP (NYSE: NEP) today reported third-quarter 2022 net income attributable to NextEra Energy Partners of $79 million.”
T. Kirk Crews was appointed as Director at XPLR Infrastructure, LP.
“It is anticipated that Mr. Crews will succeed Mr. Ketchum as one of the directors on NEP’s Board designated by NEP’s general partner, effective as of the annual meeting date.”
T. Kirk Crews was appointed as Chief Financial Officer at XPLR Infrastructure, LP.
“T. Kirk Crews, age 43, to succeed Mrs. Kujawa as the Chief Financial Officer of NEP effective on March 1, 2022.”
Rebecca J. Kujawa was appointed as President at XPLR Infrastructure, LP.
“Rebecca J. Kujawa will cease her current service as Chief Financial Officer of NEP effective on March 1, 2022 to succeed Mr. Ketchum as President of NEP effective on that date.”
John W. Ketchum was appointed as Chairman of the Board at XPLR Infrastructure, LP.
“It is anticipated that, as of the annual meeting date, Mr. Ketchum will succeed Mr. Robo as Board Chair and as one of the four NEP Directors nominated for election by NEP’s unit holders.”
John W. Ketchum was appointed as Chief Executive Officer at XPLR Infrastructure, LP.
“John W. Ketchum, the President and a director of NEP, will cease his service as President and succeed Mr. Robo as Chief Executive Officer.”
James L. Robo departed as Chairman of the Board at XPLR Infrastructure, LP.
“Mr. Robo notified the Board that he intends to retire as Chief Executive Officer effective on March 1, 2022 and that he does not plan to stand for re-election by NEP’s unit holders at NEP’s annual meeting of unit holders scheduled for April 20, 2022.”
James L. Robo retired as Chief Executive Officer at XPLR Infrastructure, LP.
“James L. Robo, the Chairman of the Board of Directors (“Board Chair”) and Chief Executive Officer of NEP, will retire as Chief Executive Officer”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.